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Cost of Living in
Waco

  • List2
    Living cost is 9.4% lower than avg
  • List2
    Families spend upto $7,973/mo on avg
  • List2
    Homeowners spend $7,724/mo on avg
  • List2
    Renters spend $4,064/mo on avg

Cost of Living in
Waco

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A Breakdown of the Cost of Living in Waco, TX

U.S. Avg.
Waco, TX
Diff
Home Price
$532,491
$436,882
graph trend 18%
Apartment Rent (per month)
$1,367
$1,165
graph trend 15%
U.S. Avg.
Waco, TX
Diff
Phone (per month)
$219.4
$203.92
graph trend 7%
Total Energy (per month)
$200.23
$220.63
graph trend 10%
U.S. Avg.
Waco, TX
Diff
Grocery Staples
Corn Flakes (per box)
$6.79
$4.62
graph trend 32%
Frozen Corn (per bag)
$2.41
$2.02
graph trend 16%
Frozen Meal (per package)
$4.85
$3.06
graph trend 37%
Cooking Oil (per bottle)
$6.16
$9.08
graph trend 47%
Detergent (per bottle)
$19.51
$20.14
graph trend 3%
Facial Tissues (per box)
$2.85
$1.99
graph trend 30%
Sweet Peas (per can)
$1.83
$1.52
graph trend 17%
Sugar (per bag)
$4.66
$4.4
graph trend 6%
Bread (per loaf)
$3.87
$3.87
graph trend 0%
Frying Chicken (per lb)
$1.64
$1.28
graph trend 22%
Meat & Poultry
Chicken (per lb)
$1.71
$1.36
graph trend 20%
Steak (per lb)
$14.54
$15.7
graph trend 8%
Sausage (per lb)
$5.23
$4.66
graph trend 11%
Ground Beef (per lb)
$8.61
$7.19
graph trend 16%
Snacks & Beverages
Soft Drink (per bottle)
$3.45
$2.72
graph trend 21%
Potato Chips (per bag)
$5.54
$3.95
graph trend 29%
Coffee (per lb)
$6.55
$6.04
graph trend 8%
Fresh Orange Juice (per half gallon)
$5.22
$4.75
graph trend 9%
Fruits & Vegetables
Peaches (per can)
$4.4
$2.49
graph trend 43%
Lettuce (per head)
$1.98
$1.76
graph trend 11%
Bananas (per lb)
$0.64
$0.74
graph trend 16%
Potatoes (per bag)
$5.58
$5.26
graph trend 6%
Dairy & Eggs
Parmesan Cheese (per lb)
$4.69
$4.61
graph trend 2%
Margarine (per lb)
$1.3
$1.37
graph trend 5%
Eggs (per dozen)
$3.98
$4.21
graph trend 6%
Whole Milk (per gallon)
$4.08
$4.5
graph trend 10%
Seafood
Chunk Light Tuna (per can)
$1.22
$1.15
graph trend 6%
U.S. Avg.
Waco, TX
Diff
Tire Balance (per tire)
$70.23
$67.91
graph trend 3%
Gasoline (per gallon)
$2.9
$2.72
graph trend 6%
U.S. Avg.
Waco, TX
Diff
Doctor Visit (per visit)
$116.03
$132.57
graph trend 14%
Dentist Visit (per visit)
$145.11
$144.83
graph trend 0%
Ibuprofen (per bottle)
$12.38
$10.98
graph trend 11%
Prescription Drug (per month)
$20.8
$23.81
graph trend 14%
Optometrist Visit (per visit)
$95.27
$110.4
graph trend 16%
U.S. Avg.
Waco, TX
Diff
Women’s Slacks
$35.43
$47.76
graph trend 35%
Boys’ Jeans
$29.47
$31.04
graph trend 5%
Men’s Shirt
$39.36
$43.29
graph trend 10%
Wine (per bottle)
$7.51
$11.06
graph trend 47%
Beer (per 6-pack)
$11.17
$10.41
graph trend 7%
Veterinary Services (per visit)
$65.33
$67.28
graph trend 3%
Tennis Balls (per pack)
$3.59
$3.59
graph trend 0%
Yoga (per class)
$12
$20
graph trend 67%
Movie (per ticket)
$11.67
$9.91
graph trend 15%
Newspaper (per copy)
$19.31
$16.31
graph trend 16%
Washer Repair (per service)
$109.47
$99.19
graph trend 9%
Women Slacks
$34.88
$48.46
graph trend 39%
Boy Jeans
$29.51
$32.98
graph trend 12%
Man Dress Shirt
$39.05
$47.65
graph trend 22%
Dry Cleaning (per item)
$13.45
$11.8
graph trend 12%
Shampoo (per bottle)
$1.55
$1.26
graph trend 19%
Toothpaste (per tube)
$3.64
$4.23
graph trend 16%
Beauty Salon (per visit)
$47.5
$38.55
graph trend 19%
Haircut (per cut)
$27.08
$21.77
graph trend 20%
Fried Chicken (per serving)
$4.37
$5.08
graph trend 16%
Pizza (per pizza)
$11.99
$11.66
graph trend 3%
Hamburger (per serving)
$5.28
$4.92
graph trend 7%
Living in Waco costs 9.4% lower than US average. This means everyday expenses are generally more affordable, while still offering access to quality amenities and services.
  • Housing in Waco is 18% lower than US average. A median home price of $436,882 versus $532,491 gives you more affordability and greater flexibility when planning for long-term homeownership.
  • Renting in Waco is 14.8% lower than US average. With median rent at $1,165 per month versus $1,367, you often find better value across different neighborhoods and housing types.
  • Utilities in Waco are 3% higher than US average. Electricity costs around $220.63 and phone services average $203.92, which can noticeably increase your monthly household expenses.
  • Food and grocery prices in Waco are 6% lower than US average. With milk priced at $4.5 per gallon and bread at $3.87 per loaf, grocery spending tends to stay relatively manageable.
  • Transportation costs in Waco are 3.81% higher than US average. With gas prices at $2.72 per gallon, along with insurance and maintenance, commuting can quickly become a significant expense.
  • Healthcare costs in Waco are 5.39% lower than US average. With doctor visits at $132.57 and dental check-ups around $144.83, medical care generally remains affordable.
  • Miscellaneous expenses in Waco are 2.39% lower than US average. From entertainment to personal services, lower prices help keep lifestyle spending in check.

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What is a Cost of Living Calculator?

A cost of living calculator helps you compare the expenses required to live in a different location. The calculator factors in various living expenses like housing, food, utilities, transportation, fitness, and entertainment, etc., and helps you estimate how much salary you need to live in that city. Since the cost of goods and services varies in different cities, a Waco cost of living calculator can help you make the decision to move to this city or not.

About Cost of Living Data

The data used to determine Waco's cost of living is sourced from the Council for Community and Economic Research (C2ER). Published since 1968, COLI data is recognized by the U.S. Census Bureau and the Bureau of Labor Statistics. This organization regularly updates its data to offer a detailed and well-researched view of living expenses in cities across the country. An independent Advisory Board reviews C2ER’s data collection methodologies and quarterly publications to ensure consistency and quality. For more information, visit www.coli.org. Data published as of Oct 2025.

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Data provided by Redfin, a national real estate brokerage.

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